Bank of Las Vegas

1700 West Horizon Ridge Parkway, Suite 101
Henderson, NV 89012

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57276
Date Established 2002
Assets $0.21 billion
Loans $0.14 billion
Deposits $0.21 billion
Capital $0.01 billion

Bank of Las Vegas is an FDIC insured institution located in Henderson, NV. It was founded in 2002 and has approximately $0.21 billion in assets.

For a more detailed analysis of Bank of Las Vegas's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Bank of Las Vegas’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Nevada, Bank of Las Vegas has a significantly higher percent of Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 6.40
Multifamily
Mortgages
3.81
Credit Card Loans 0.00
Consumer Auto Loans 0.85
Small Business Loans 21.11
Construction and Development Loans 4.03
Commercial Real Estate 85.10
Commercial and Industrial Loans 3.12
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of Las Vegas, but see these great savings and CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of Las Vegas

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
vLoan
NMLS ID: 2229
License#: MC-5591
4.064% 4.000% 0.25 $1,938 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More

Note to Bank of Las Vegas
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Branches

Bank of Las Vegas branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Bank of Las Vegas Locations

Financial Details

Bank of Las Vegas Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of Las Vegas. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Bank of Las Vegas U.S. Bank Average
274.48% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Bank of Las Vegas had $14,372,000 in non-current loans and $15,601,000 in owned real estate. To cover these potential losses it had $5,068,000 in equity and $5,852,000 in loans loss reserves. That gives it a Texas Ratio of 274.48%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Bank of Las Vegas U.S. Bank Average
-14.45% 8.58

Bank of Las Vegas has a Return on Equity of -14.45% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Bank of Las Vegas U.S. Bank Average
2.37% 12.11

Bank of Las Vegas has a Capitalization of 2.37% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Bank of Las Vegas Balance Sheet Analysis

As of December 31, 2013, Bank of Las Vegas had assets of $213,514,000, loans of $144,834,000, and deposits of $208,088,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Bank of Las Vegas

Branches and Savings

Is Bank of Las Vegas FDIC insured?

Yes. It is covered under FDIC Certificate #57276.

Why does Bank of Las Vegas pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Bank of Las Vegas CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Bank of Las Vegas a commercial bank?

Yes

Where are Bank of Las Vegas locations?

See branch locations nearby.

Is Bank of Las Vegas open on Saturdays?

Is Bank of Las Vegas open on Sundays?

What time does Bank of Las Vegas open?

What time does Bank of Las Vegas close?

Are Bank of Las Vegas ATMs Open 24/7?

Do Bank of Las Vegas ATMs accept cash deposits?

Can Bank of Las Vegas customers use other ATMs?

Do Bank of Las Vegas branches have notaries?

Will Bank of Las Vegas notarize my document?

What address for Bank of Las Vegas should I put for incoming ACH transfers?

Will the Bank of Las Vegas branch print checks?

Do Bank of Las Vegas checks expire?

Does Bank of Las Vegas require US citizenship to open account?

Can Bank of Las Vegas close my account?

Does Bank of Las Vegas Report to credit bureaus?

Does Bank of Las Vegas Use Equifax?

What is Bank of Las Vegas's ACH Routing Number?

What is Bank of Las Vegas's SWIFT code?

Products

Does Bank of Las Vegas offer mortgages?

Compare mortgage rates here.

Does Bank of Las Vegas offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Bank of Las Vegas offer personal loans?

Compare personal loan rates here.

Does Bank of Las Vegas offer student loans?

Will Bank of Las Vegas cash a check?

Will Bank of Las Vegas redeem a savings bond?

Does Bank of Las Vegas cash savings bonds?

Will Bank of Las Vegas cash money orders?

Can Bank of Las Vegas issue a money order?

Does Bank of Las Vegas do currency exchange?

Background on The Bank

Who owns Bank of Las Vegas?

How long has Bank of Las Vegas been around?

Can Bank of Las Vegas transfer to other banks?

Does Bank of Las Vegas have quick pay?

Does Bank of Las Vegas accept rolled coins?

Will Bank of Las Vegas accept loose change?

Where is Bank of Las Vegas headquarters?

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